Banks are rightly taking a lot of heat for their part in our economy's dismal state. So when a positive bank story surfaces, it deserves to be told. And by a remarkable coincidence, we have one right here in Newport Beach.
This positive bank story started almost 60 years ago when Cal and Anne Siegle packed up their family in Butler, Pa., moved briefly to Dallas then pushed onward and settled in Newport Beach. They were more than ready to put down roots, especially since Cal had been old enough and young enough to be directly involved in both World War II and the Korean War.
One of the early roots that the Siegles sought was a neighborhood bank where they could manage the business of their family. This was still a time when banks were thought of that way. . But there was a true neighborhood bank, which overlooked the bridge to Balboa Island. It turned out to be a long relationship.